German economic will

Abstract EN

The economic renaissance of Germany began in the mid-nineteenth century, specifically in the year 1848, with the emergence of industry in the east of the country and the creation of a railroad linking the east of the country with its west, and the state and industrial investors at that time adopting a savings approach at the expense of consumption, and thus the emergence of surplus savings and capital accumulation (the basis of economic growth).

This helped the German industry to recover locally to cover the need of the local market without resorting to importing, that is, self-reliance in providing life requirements.